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Entrepreneurs Need A Detailed Understanding Of Their Customer’s Problems

The Horizons Tracker

The deluge of easy money into the sector has prompted many would-be entrepreneurs to take their eye off the ball, and whereas Peter Drucker famously said that the only real purpose of a business is to create a customer, the current entrepreneurial landscape allows founders to get rich without worrying too much about that.

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How to Communicate Effectively with Anyone, Anywhere

Skip Prichard

These appeals are commonly referred to as “modes of persuasion.” The hourglass structure essentially combines two ways of organizing information—an inverted cone and an upright cone–which targets two larger cultural dimensions coined by Edward T. Drucker. . The most important thing in communication is hearing what isn’t said.

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Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business Review

Peter Drucker said : “Plans are only good intentions unless they immediately degenerate into hard work.” Drucker’s exhortation, “What gets measured gets managed” is often invoked when approaching execution. Morsa Images/Getty Images. ” Metric obsession. Missing the forest for the trees.

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What Is a Business Model?

Harvard Business Review

In The New, New Thing , Michael Lewis refers to the phrase business model as “a term of art.” Lewis himself echoes many people’s impression of how Peter Drucker defined the term — “assumptions about what a company gets paid for” — which is part of Drucker’s “theory of the business.”

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What Is Strategy, Again?

Harvard Business Review

If you read what Peter Drucker had to say about competition back in the late ’50s and early ‘60s, he really only talked about one thing: competition on price. Benchmarking and adopting best practices (a veiled reference to everyone’s favorite punching bag, In Search of Excellence ).

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The Embarrassment of Complexity

Harvard Business Review

Martin, quoting Peter Senge, refers to the problem that in situations of dynamic complexity, the links between causes and effects are “subtle.” on instruments and tools that a dynamic information and communication technology sector, drawing on all the research that preceded and accompanies it, has bestowed on us.

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Read Good To Great

Eric Jacobson

This blogs tips and ideas are perfect for managers and leaders of all types of small to large businesses and nonprofit organizations. Good-to-great companies use technology as an accelerator of momentum, not a creator of it." skip to main | skip to sidebar Eric Jacobson On Management And Leadership Welcome! Foster said.

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